ACCC stands for Australian Competition and Consumer Commission. The Australian Competition and Consumer Commission is an independent agency of the Australian government that is responsible for regulating competition, fair trading, and consumer protection in Australia. The ACCC has a range of powers and responsibilities, including enforcing competition and fair trading laws, regulating the conduct of businesses, and providing advice and guidance to consumers. The ACCC also has a role in regulating the prices of certain essential goods and services, such as electricity, gas, and telecommunications. The ACCC works to promote competition and fair trading in the Australian economy and to protect the rights of consumers.